Promote your Loans here

If you represent a mortgage manager, why not consider promoting your mortgage home loans on MRMORTGAGE.net.au?

In the past many mortgage managers focused on securitised loans. Now many mortgage managers are using bank funds from regional banks, created from savings. So we’d like to think that home buyers visiting us would consider using mortgage brokers that have access to wholesale mortgage lenders, that in turn use bank or securitised funds. SO it makes sense to promote your home loans here.

Home Loan borrowers can go local

The purpose of MRMORTAGE.net.au is to allow mortgage brokers to promote their services and loans to local customers, and for borrowers to find a local mortgage broker.

As such mortgage lenders may see a fertile field in promoting, advertising on or sponsoring MRMORTGAGE.net.au. So if you would like to sponsor us, please email Rick Adlam on radlam at mrmortgage.net.au.

Remember as wholesale mortgage lenders you can become an author and publish articles about your mortgage products and industry here for free.

The post Promote your home loans here appeared first on Mortgage Brokers Directory.

Reserve Bank of Australia’s Governor, Mr Glenn Stevens gave a big hint as August as likely time for another move to increase interest rates. That would mean a flow on to mortgage interest rates within days.

Australia has three nice problems to have:

1. A positive trade boom
2. Mostly created by a mining boom
3. Ultra low unemployment, albeit in a cooling jobs market.

That means we have to deal with the problem created by that success, and mortgage interest rates increases are part of the picture.

Inflation created by demand at above the rate of 3.0%

So interest rates are likely to be be lifted to cool demand and contain inflation. That might be a bad thing for the new home construction industry.

Governor Stevens also hinted at tightening of monetary policy.

I interpret this as further credit tightening of bank lending especialy in mortgages.

The trigger for a rate rise will be the 2nd quarter inflation figures, which are due on 27th July 2011. So we will have a few days to determine what we can expect the RBA to do.

Why your home loan interest rates was left untouched in June.

Recent bad domestic data which showed jobs growth slowing, slow downs continuing in new housing construction and home loans, poor retail figures and Queensland flooding hitting mining exports all made it too hard to raise interest rates in June.

Tourism is another sector that is hurting because of a high Australian Dollar making traveling to Australia more expensive. And manufacturing is struggling against effects of the raising dollar value, so increasing mortgage interest rates at this time was not an option.

Governor Stevens made it very clear that he remains focused on the longer term impact of a huge trade and mining boom that should boost incomes and investment over time and spread throughout the economy.
China’s and India’s demand for Australia’s resources helped lift the country’s terms of trade to a level 85 percent above the average of the last century.
The mining boom will also a boost to utilities, transport and business services such as engineering, accounting, legal and exploration – all industries that were growing quickly.
Whilst your mortgage interest rates may not be raised in August, it would be prudent to act now as though it will.

The post Mortgage Interest Rates:Rate rise tip appeared first on Mortgage Brokers Directory.

Buying your first home? We have several better mortgage alternatives for first home buyers, including:

1. Home loans that require smaller deposits: we will lend up to 95% of the property value, and loans that allow you to capitalise the mortgage insurance onto the loan!
2. No saved deposit? We can set loans where a family member or parent gifts you your deposit. Our non genuine saved deposit might be just what you need. If this is something you have been looking for, please contact us now!
3. More flexible lending policy. You might be finding that your bank’s lending policies have tightened recently. If that means losing a great bargain, why not talk to Mr Mortgage? Our lending guidelines are not as strict as most banks, and we can normally find you a lender that would welcome your business.

The post First Home Buyers appeared first on Mortgage Brokers Directory.

You know how it is. You buy your home, then you buy a car, then you buy stuff on your credit card. Then you buy some home appliances & furniture that you need on “interest free” terms. Problem is, they are not interest free, and suddenly all your loan repayments are taking more than you earn.

It’s now time for a debt consolidation. It happens to most of us, no big deal. So don’t worry and don’t panic, you are at the right place, because we help lots of people out of tight spots in their finance.

Here’s what we do. We take your high interest loans, personal loans, credit cards, interest free repayments, and we consolidate them into your home loan, at low mortgage rates. Simple.
Now you have one repayment a month because your car, personal loan and credit card and “interest free” debts into your low home loan rate mortgage loan. By the way, interest free rates are over 30% pa once they kick in, not nice.

If you want to reduce your monthly credit bills, call us or contact us, because we can help you reduce your monthly bills and get ahead.

The post Consolidate All Debts appeared first on Mortgage Brokers Directory.

If you are self employed a contractor, run a small business and want a home, or mortgage refinance, then with most banks you’ll be out of luck. Maybe we can help?

With low doc home loans disappearing from the loan portfolios of most major lenders it might surprise you to learn that we can still help you get your loan application approved if you don’t have 3 years profit & loss and income statements and balance sheets.

Catch 22 with mortgage lending

We understand that your accountants job is to minimise your tax liability and that means getting the maximum permitted deductions allowed under the law that you are entitled to. But when it comes to getting a loan, your income can look a bit wanting.

Mr Mortgage understands this and can now offer you a suite for low doc home loan products that may suit you.

Haven’t been in business 2 years? 12 months or less? Don’t worry, Let us know what you needs and we will see what we can do.

We even have low doc loans for non conforming loan scenarios!

Our loans allow you to move up to full doc as your situation changes.

Contact us now to find out more.

The post Low Doc Home Loans appeared first on Mortgage Brokers Directory.

Homeowners know the value of home-ownership and many of them want to start to Invest in property themselves including:

1. Off the plan apartments and units.
2. Townhouses
3. New single dwelling homes.
4. Duplex homes.
5. Established homes and flats

Investment Loan Types

Your investment loan can be tailored to your needs and loan types can include:

1. Interest only loans and lines of credit,
2. Fixed interest loans or variable rate loans or split loans.
3. Interest only or principal and interest loans

Where you can buy your investment property

• Invest in property across the street or across Australia.
• New Zealanders, we can help you with the finance to invest in Australia using the equity of their NZ home.

Obviously investing in property is a big decision, and there is a lot to consider, so when you are read to buy or refinance your investment property please contact us.

The post Investment Loans appeared first on Mortgage Brokers Directory.

We can now offer our users loans of up to $3million dollars!

Our commercial lending can be as a full doc loan or a low doc loan.

Whilst our commercial loans apply to multi-purpose buildings that would apply to over 90% of all commercial property out there.

What’s more we can help you finance the commercial property, refinancing that property, and even allow equity release for where the property may have improved in capital value.

Commercial properties we can finance for you include, offices, retail, shops, warehouses and workshops. Please contact us for more details about our commmercial mortgage loans

The post Commercial Mortgages appeared first on Mortgage Brokers Directory.

If you are thinking of refinancing your home loan than you are at the right place, because a lot of the work we do helping people into a better home loan is in the realm of mortgage refinance.

There are any number of reasons you might be wanting to refinance but the main ones would be:

1. Get a better loan. When you selected your present loan it may have been because:
   1. That’s what your bank manager suggested.
   2. Your lender has put up rates higher than the RBA rates rise.
   3. You have had a falling out with your current lender.
   4. Your want more features or more flexibility than you have discovered your present loan has.
2. You want lower mortgage rates because:
   1. Your home loan had a low mortgage rate to start with, but has now ballooned to a bigger interest rate for the life of the loan.
   2. You are finding it tough to make the repayments right now.
3. Your own reason. [___________You fill in the blanks here.]

So regardless of  your reason for wanting to refinance your home loan, we believe we are your best choice out anywhere. because of the range of mortgage solutions that we can offer you.

The post Refinance appeared first on Mortgage Brokers Directory.